GM's Cruise Is Still on Target Says President Reuss

The transcript discusses General Motors' strategy in the electric vehicle (EV) market, highlighting their push into high-end models like the Hummer and Lyric, and their plans for mass-market vehicles. It covers the departure of Dan Ammon from Cruise, GM's autonomous vehicle arm, and reassures investors of the company's commitment to AV technology. The discussion also touches on production challenges, including the impact of the pandemic and microchip shortages, and GM's efforts to consolidate chip families and increase US production.

What is General Motors' main goal in the electric vehicle market?

• To focus solely on traditional vehicles

• To maintain their current market share

• To become a leader in autonomous vehicle technology

• To exit the electric vehicle market

Who is taking over as interim CEO of Cruise?

• David Weston

• Dan Ammon

• Callebaut

• Mary Barra

What is the expected timeline for the commercial deployment of GM's autonomous vehicles?

• Cancelled

• Delayed indefinitely

• On track with no delays

• Postponed by a year

What is the starting price of the Hummer EV?

• $59,000

• $79,000

• $110,000

• $30,000

Which upcoming GM vehicle is expected to be priced around $30,000?

• Equinox

• Lyriq

• Hummer

• Silverado

What unique feature does the Silverado EV have?

• Flying capabilities

• See-through roof

• Solar panels

• Underwater mode

How does GM plan to compete with the F-150 in the EV market?

• By reducing production

• By offering lower prices

• By launching a variety of Silverado models

• By focusing on traditional vehicles

What is one of the main challenges GM is facing in their plants?

• Lack of demand

• Natural disasters

• Excessive inventory

• Labor strikes

What strategy is GM using to address the microchip shortage?

• Outsourcing chip production

• Reducing vehicle production

• Partnering with eight suppliers

• Focusing on non-chip technologies

What is GM's approach to ensuring a stable supply of microchips?

• Eliminating chip usage

• Relying on international suppliers

• Increasing vehicle prices

• Consolidating chip families